Invesco California Value Municipal Income Trust (VCV)
Invesco California Value Municipal Income Trust operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Atlanta, GA, US. The stock last traded at $10.73, up 0.00% on the session, giving a market capitalisation of $515.7M. On trailing twelve-month figures it carries a trailing P/E of 41.27, a net margin of 37.4%. Its beta of 0.75 implies it has historically moved less than the broad market.
The Invesco California Value Municipal Income Trust is a closed-end investment vehicle established by Invesco Ltd. Its management responsibilities are shared among several Invesco affiliates, specifically Invesco Advisers, Inc., Invesco Asset Management (Japan) Limited, Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc. The trust primarily allocates capital to investment-grade municipal debt securities originating from California, operating within the broader U.S. fixed-income market. These holdings encompass a range of instruments such as municipal bonds, notes, commercial paper, and lease obligations. Portfolio construction relies on a methodology that integrates fundamental analysis with a bottom-up security selection process. Originally, it operated under the name Invesco Van Kampen California Value Municipal Income Trust. Established in the United States on April 30, 1993, the fund remains domiciled there.
Invesco California Value Municipal Income Trust is most often compared with the following Financial Services names: